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Company Analysis

Merit Medical Systems, Inc. MMSI

A comprehensive view of key metrics, scores, and financial health for Merit Medical Systems, Inc.

Overview of Merit Medical Systems, Inc.

MMSI NMS
Healthcare Medical Instruments & Supplies Framework: Medical Devices & Diagnostics Mid Cap
Merit Medical Systems, Inc. (MMSI), is a Mid Cap company, in the Medical Instruments & Supplies industry, last closed at $66.53, about 38.0% overvalued vs fair value, -28.4% 1Y return, placing in the top 25% of its sector.
Metrics Rev Growth 11.8% ROE 8.7% Gross Margin 48.7%
USD 66.53
-0.54%
(Delayed)
• Vol 90d: 33.5%
52-Week Range
Market Cap
$4.00B
Enterprise Value
$4.45B
Overall Score
View breakdown
Overall
Growth
Good
Profitability
Good
Health
Fair
Efficiency
Good
Valuation
Fair
Growth
Good
Profitability
Good
Health
Fair
Efficiency
Good
Valuation
Fair
Completeness: 82%
Confidence: 53%
Updated: Mar 8
Top Beats

Quick Facts

Website https://www.merit.com
HQ South Jordan, UT
Employees 7,500
Fiscal year Dec 31

Next Events

Earnings Jul 30 Estimated

Fair Value Snapshot

Bear Base Bull
$36
$41
$46
Current: $66.53 -38% vs base

Engine Room Money Flow™

Mid Cap

Medical Devices & Diagnostics - Where revenue goes and how value is created

Flow Steps
Total Revenue
$1.5B
11.8%%
Gross Profit
$738.3M
14.8%%
Operating Income (GAAP)
$184.7M
18.3%%
EBITDA
$332.0M
12.2%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Medical Devices & Diagnostics

Quality & Reliability Indicators

Gross Margin
48.7%
Fair

Gross Profit / Revenue — primary moat signal for MedTech. ≥65% indicates IP-protected consumables with strong pricing power.

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Where It Leaks

Cash Flow Health some concerns
Moderate efficiency issues detected. Review active leaks below for improvement areas.
2
Active Leaks
2/2
Improving
0
High Impact
0
Critical
Locked Leak
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Moat Analysis Medical Devices & Diagnostics

Competitive Advantage Assessment

Evaluating Merit Medical Systems, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
68
/100
Moderate
Scores based on quantitative metrics and qualitative factors

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Pricing Power & Consumable Moat

Moderate
56
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Healthcare: MedTech (Devices & Supplies) vs Industry Peers 97% Coverage
Trade-Off Triangle Visualization A ternary plot showing MMSI's balance between Growth (30.4%), Profitability (34.8%), and Safety (34.7%). Growth 30% Safety 35% Profitability 35%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

61th percentile vs peers
61
Key Signals
Rev Growth YoY 11.8% 60p EPS CAGR 3Y 33.9% 78p Revenue CAGR 3Y 9.6% 54p EPS Growth YoY 25.3% 52p Asset Growth YoY 11.1% 77p
Strengths
  • FCF Margin in top 20% of peers (14.2%, 84th percentile)
  • Interest Coverage (EBITDA) in top 20% of peers (12.55, 80th percentile)
  • Cash Flow to Debt Ratio in top 20% of peers (3.05, 92th percentile)
  • Superior capital returns - 2 return metrics above peer median
  • Growth above peer median with strong metric coverage (90%)
Risks

No significant risks identified for this axis.

Profitability

70th percentile vs peers
70
Key Signals
Strengths
Risks
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Safety

69th percentile vs peers
70
Key Signals
Strengths
Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for Merit Medical Systems, Inc..

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$41.23
- - -
-38.0% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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